.
MergerLinks Header Logo

New Deal


Announced

Apollo Global Management withdrew its offer to acquire John Wood Group for $2.1bn.

Financials

Edit Data
Transaction Value£1,684m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium55%
One Off Charge-

Tags

Edit

Single Bidder

Cross Border

Public

Private Equity

Acquisition

Hostile

Majority

Energy / Utility Services

United Kingdom

oil & gas sector

services

engineering

Failed

Synopsis

Edit

Apollo Global Management, a private equity firm, withdrew its offer to acquire John Wood Group, a British multinational engineering and consulting business, for $2.1bn. Wood Group had privately rejected its previous offer of around $1.97bn, that the firm had made on March 6.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US